latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/kaufman-axa-jv-buys-midtown-south-ny-building-for-49m-57754648 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Kaufman, AXA JV buys Midtown South, NY, building for $49M

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Kaufman, AXA JV buys Midtown South, NY, building for $49M

A joint venture of The Kaufman Organization and AXA Real Estate Investment Managers US LLC purchased a 67,000-square-foot office building in Midtown South, N.Y., for $48.5 million in an all-cash deal, The Real Deal reported, citing the buyers.

The 12-story building at 56 W. 22nd St. is about 55% occupied, and will undergo capital improvements to the storefronts and tenant areas, the publication noted, citing Kaufman president Michael Kazmierski.